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Green Dot Bank

Bank
BaaSCard IssuingSponsor BankTreasury ManagementPSP

Bank tracked in the Embedded Finance Index. Named by 7 companies, most often as their banking-as-a-service.

greendotbank.com ↗Also analysed as a company — its own stack →
TypeBank
Used asBanking-as-a-Service, Card issuer, Sponsor bank
Rank#89 of 347 in BaaS
Buyers7 companies
HeadquartersProvo, Utah
Founded1999

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How companies use Green Dot Bank

7 companies name Green Dot Bank in their stack. The most common role is banking-as-a-service (4). A company can use the same bank for more than one thing.

Banking-as-a-Service4
Card issuer4
Sponsor bank4
Payments & acquiring1
Treasury & cash management1
Background · from Green Dot Bank’s own dossier

Founded in 1999 as a prepaid card issuer targeting unbanked and underbanked consumers via retail distribution, Green Dot obtained its own bank charter in 2011 via the Bonneville Bancorp acquisition — transforming from a card program manager into a licensed bank. The company subsequently evolved from a consumer-facing prepaid brand into a B2B embedded finance infrastructure provider, launching the Arc platform to offer Banking-as-a-Service to enterprise partners including Walmart, Amazon Flex, Intuit TurboTax, and Stripe Treasury. Today, Green Dot operates simultaneously as a direct consumer banking brand (GO2bank, GoBank) and as an infrastructure-layer sponsor bank and BaaS provider to large platform businesses, positioning payroll-linked direct deposit as its primary embedded finance entry point.

Recent developments
  • 2025-09Green Dot added Stripe as a Green Dot Network partner, enabling Stripe Treasury users to make cash deposits at 50,000+ Green Dot retail network locations via the Arc platform. source ↗
  • 2025-11Amscot Financial announced a partnership with Green Dot via the Arc platform to offer DDAs and secured credit cards at Amscot's 230+ Florida financial service centers. source ↗
Full dossier: Green Dot Bank’s own stack, layer by layer →
Who uses Green Dot Bank
7 companies disclose Green Dot Bank in their stack
Go2bankQuickBooks MoneyIntuit QuickBooksCrypto.comSanta Barbara Tax Products GroupGreendotApple Pay
Buyer mix · 7 of 7 classified
Fintech / Consumer banking · 2Horizontal SaaS / Accounting · 2Fintech / Crypto · 1Fintech / SMB banking · 1Fintech / Tax-related financial services · 1
US · 6APAC · 1
What the disclosures say
Go2bank
“GO2bank Deposit Account Agreement explicitly states: 'GO2bankTM cards are issued by Green Dot Bank, Member FDIC, pursuant to a license from Visa U.S.A., Inc.' (greendot.com DAA PDF and go2bank.com/agreements).”
QuickBooks Money
“QuickBooks Checking accounts are publicly disclosed as issued by Green Dot Bank, Member FDIC (per NerdWallet review and Intuit's own QuickBooks Money disclosures). 3% APY high-yield savings envelopes confirmed.”
Intuit QuickBooks
“quickbooks.intuit.com/uk/press/agreement-with-modulr/ — Modulr powers QuickBooks Business Account in UK. investors.intuit.com press release announces QuickBooks Cash with high-yield interest (Green Dot Bank was the underlying bank per contemporaneous press, though not restated in the captured evidence). quickbooks.intu…”
Santa Barbara Tax Products Group
“sbtpg.com credit-debit-card-payments page lists 2.9%+25¢ per card transaction and 1% per eCheck; sbtpg.com homepage and 2025 FSA confirm Green Dot Bank as banking/disbursement partner; known_customer_listings confirms First Century Bank relationship; refund transfers disbursed via direct deposit, prepaid Visa, or cashi…”
Greendot
“Green Dot Bank holds a national bank charter.”
Apple Pay
“Apple Cash is historically backed by Green Dot Bank as the issuing/FDIC-insured partner.”
The complete buyer list and each company’s full embedded-finance stack are in the Embedded Finance Index report. Represent Green Dot Bank? Claim this profile above to unlock your own full list.
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What Green Dot Bank runs on · from its own dossier
The third-party providers Green Dot Bank itself discloses, layer by layer — the vendor as a buyer. Distinct from the companies above that disclose Green Dot Bank.
PSP
Mastercard Payment Transaction Services
Open Banking
PlaidMastercard Open Banking
Full dossier with evidence for each layer →
Other banks in BaaS

Other banks named for BaaS in the index, by the number of companies that disclose them. A count of public disclosures, not a ranking of the products.

Evolve Bank & Trust72 buyers →Sutton Bank64 buyers →Cross River57 buyers →Pathward47 buyers →ClearBank40 buyers →Thread Bank35 buyers →Community Federal Savings Bank30 buyers →GBank27 buyers →
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Ranked #89 of 347 in BaaS — Embedded Finance Index 2026
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Green Dot Bank — frequently asked

Which companies use Green Dot Bank?

7 companies disclose Green Dot Bank in their stack in the Embedded Finance Index 2026, including Go2bank, QuickBooks Money, Intuit QuickBooks, Crypto.com, Santa Barbara Tax Products Group, Greendot and Apple Pay.

What do fintechs use Green Dot Bank for?

Green Dot Bank is a bank. Companies in the Embedded Finance Index 2026 name it as their banking-as-a-service (4), card issuer (4) and sponsor bank (4).

What are the alternatives to Green Dot Bank?

The most-disclosed BaaS alternatives to Green Dot Bank are Evolve Bank & Trust (72 buyers), Sutton Bank (64 buyers), Cross River (57 buyers), Pathward (47 buyers), ClearBank (40 buyers) and Thread Bank (35 buyers).

Where is Green Dot Bank headquartered?

Green Dot Bank is founded in 1999 and headquartered in Provo, Utah.

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